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Market Impact: 0.3
Gold price slides below $4,370 as Brent nears $100
Source: kitco.com
Commodities & Raw MaterialsEnergy Markets & PricesInterest Rates & YieldsMonetary PolicyGeopolitics & War
Spot gold and silver declined in late U.S. trading as higher crude oil prices, elevated Treasury yields and firmer expectations for further Federal Reserve rate hikes outweighed safe-haven demand tied to renewed U.S.-Iran tensions. The move reflects pressure on precious metals from rising rates and a stronger monetary-policy outlook despite geopolitical risk.
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